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For decades there has been near constant progress in reducing the size, and increasing the performance, of the circuits that power computers and smartphones. But Moore’s Law is ending as physical limitations — such as the number of transistors that can fit on a chip and the heat that results from packing them ever more densely — are slowing the rate of performance increases. Computing capacity is gradually plateauing, even as artificial intelligence, machine learning and other data-intensive applications demand ever greater computational power.
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